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Rules of Practice 1994 (S.R. 1994, No. 229)
Requested:  22 Jun 2017
Consolidated as at:  17 Mar 2006

24. Details of cheque butts

A firm must ensure that the following details are recorded on each cheque butt, cheque requisition or other record of payment of trust money in respect of each payment from a trust bank account:

(a) the number of the cheque;

(b) the date of the cheque;

(c) the amount of the cheque;

(d) the name of the payee;

(e) details clearly identifying the trust ledger account to be debited;

(f) the description of the matter;

(g) details of the purpose for which the payment was made.


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